DDC Expands Bitcoin Treasury to 2,714 BTC Without New Shares

Marcel Fuhrmann
/ 5 min read

DDC Buys 331 Bitcoin in One Week – Treasury Grows to 2,714 BTC Without Issuing New Shares

Key Takeaways

  • DDC Enterprise Limited purchased 131 BTC on May 27, marking its second Bitcoin acquisition within seven days.
  • The company added a total of 331 BTC in one week, increasing its holdings by approximately 13.9% to 2,714 BTC.
  • No new common shares were issued to finance the recent purchases.
  • DDC reports an average acquisition cost of $79,135 per Bitcoin and a year to date Bitcoin yield of 43.5%.
  • The company ranks among the top 30 publicly traded corporate Bitcoin holders worldwide.

DDC Expands Bitcoin Treasury With Second Purchase in Seven Days

DDC Enterprise Limited announced on May 27 that it had acquired 131 Bitcoin, bringing its total treasury holdings to 2,714 BTC. The transaction follows a 200 BTC purchase completed on May 21. Combined, the two acquisitions added 331 BTC to the company’s balance sheet within a single week.

According to the company, the latest transaction increased total Bitcoin holdings by approximately 13.9%. DDC stated that no new common shares were issued to finance either of the recent purchases. The company described the 131 BTC transaction size as determined by available liquidity and existing balance sheet capacity.

DDC is listed on the NYSE American and operates as a global Asian food platform alongside its digital asset treasury activities. The company said its approach involves measured, incremental Bitcoin purchases rather than allocating capital at a single price point.

Average Cost and Per Share Metrics

Following the latest acquisition, DDC reported an average purchase cost of $79,135 per Bitcoin across its total holdings. The company also disclosed that its Bitcoin yield year to date stands at 43.5%.

In addition, DDC reported that its BTC per 1,000 shares metric increased by 5.1% to 0.057053. The company has emphasized per share Bitcoin growth as a key metric and stated that recent purchases were completed without shareholder dilution.

Norma Chu, Founder, Chairwoman, and Chief Executive Officer of DDC, said the company deployed previously raised capital for the latest purchase and did so without issuing new shares.

Position Among Public Bitcoin Treasury Holders

DDC stated that it ranks among the top 30 publicly traded corporate Bitcoin holders globally. The cohort of companies pursuing similar treasury strategies includes Strategy, formerly known as MicroStrategy, which holds more than 580,000 BTC.

The model of pairing an operating business with Bitcoin accumulation on the balance sheet was pioneered by Strategy and has since been adopted by a growing number of smaller public companies. These companies combine core operational revenue with direct exposure to Bitcoin as a treasury reserve asset.

DDC operates a portfolio of Asian food brands. The company reported $39.2 million in fiscal year 2025 revenue and positive Adjusted EBITDA for the first time. It has described its strategy as a dual mandate of expanding its operating business while increasing Bitcoin holdings.

Broader Corporate Bitcoin Activity This Week

Other publicly traded companies have also disclosed treasury activity this week. Strategy announced that it paused its weekly Bitcoin purchases to focus on balance sheet management. The company completed a $1.5 billion convertible debt buyback at an 8% discount while maintaining holdings of roughly 843,738 BTC. According to the report, shares of MSTR rose following the announcement as investors reacted to the debt reduction.

Strive also disclosed that it added 1,109 Bitcoin, increasing total holdings to about 16,500 BTC. The company continues expanding its Bitcoin treasury strategy through SATA and other capital market initiatives. Shares of ASST have risen in recent months alongside the firm’s accumulation strategy and fundraising exploration.

Within this environment, DDC’s back to back purchases highlight continued participation by smaller public companies in the corporate Bitcoin treasury segment. Unlike Strategy, which temporarily paused acquisitions to address debt, DDC indicated it intends to continue deploying capital in incremental purchases.

Capital Allocation Strategy and Shareholder Impact

DDC stated that its objective is to compound value across both its food business operations and its balance sheet. The company framed each share as representing both operating business exposure and a proportional claim on its Bitcoin holdings.

By stating that no new equity was issued for the two recent transactions, DDC underscored its focus on avoiding dilution. The company indicated that protecting per share Bitcoin value is a central element of its capital allocation approach.

The decision to base the latest purchase size on available liquidity and balance sheet capacity suggests that acquisitions are linked to internal funding conditions rather than fixed schedules or predetermined volumes.

Our Assessment

DDC Enterprise Limited increased its Bitcoin treasury to 2,714 BTC through two purchases totaling 331 BTC within one week. The company reported a 13.9% increase in holdings, an average acquisition cost of $79,135 per Bitcoin, and a year to date Bitcoin yield of 43.5%. Both transactions were completed without issuing new common shares. DDC positions itself among the top 30 publicly traded corporate Bitcoin holders while continuing to operate its Asian food business, which generated $39.2 million in fiscal year 2025 revenue and reported positive Adjusted EBITDA for the first time.